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21 December 2018 | 5 replies
Financial planners typically have zero real estate-related training, largely because there's nothing there for them to get paid on other than flat fees.If you're interested in running your own personal situation through a professional financial planning tool that incorporates stocks/bonds but is also real estate centric, check out RealEstateFinancialPlanner.com.
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30 August 2023 | 27 replies
I only responded asking for their company name, contact details/website, and which state they are incorporated in.
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17 June 2019 | 10 replies
Am I missing anything from an incorporation standpoint?
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10 July 2019 | 5 replies
Can anyone share their Articles of Incorporation or refer me to a good example?
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6 May 2019 | 7 replies
It takes about 30 minutes to complete the online application.Sometimes you need to provide support such as articles of organization/incorporation to the IRS.If you do not have the time to apply for an EIN, there are third-party companies that can get you an EIN.
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7 August 2020 | 27 replies
An LLC would add protection that I don't feel I need.You would identify beneficiaries in your will.The sponsor will send you a K-1 and that makes it pretty easy for you or your CPA to incorporate the activity in your tax return.
10 October 2018 | 9 replies
if your PM charges you tenant placement fees, you should incorporate that too.
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10 August 2016 | 8 replies
Example: 40/60 split between Jim Brown and his solo 401k plan (Oilers Solo 401k Trust)How the property purchase is recorded: Jim Brown, an undivided 40% interest and Oilers Solo 401k Trust , an undivided 60% interest.Compliance NotesThe percentage of ownership is determined by how much funds each party invests at time of real estate purchase.All expenses and income are shared based on the ownership percentages.No debt financing can be incorporate under a tenancy in common (TIC) transaction; otherwise, the transaction will be deemed prohibited.
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8 August 2016 | 2 replies
Down the road if I start this business I will need to have a vision statement and I'm hoping to find a way that I can incorporate my tenants needs to contribute along with mine in one big happy happy joy joy symbiotic love fest.